"Arbitration" is an industry term for
A) negotiations on the sale price of a car.
B) calculating finance charges on an auto lease.
C) calculating cost reductions on an auto lease.
D) settling disputes through the decision of an impartial third party.
Correct Answer:
Verified
Q53: A seller of mail order merchandise must
Q54: A check is the most secure form
Q55: In a mediation
A)the parties to the dispute
Q56: Under a "secret warranty" the owner receives
Q57: The "gross capitalized cost" is supposed to
Q59: A "capitalized cost reduction" on an auto
Q60: The Consumer Leasing Act of 1977
A)places a
Q61: A "full" warranty means you are entitled
Q62: The term "lemon protection" means you can
Q63: The "invoice price" is generally the price
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